ACCTG 1 Lecture Notes - Lecture 18: United Nations Conference On Trade And Development, United Nations Temporary Executive Authority, Totalitarianism
Document Summary
Lecture 16 - the united nations and the reconstruction of international society after. Inability of states to protect their citizens against armed aggression. Nobody dreamed of a post-war return to 1939 (hobsbawm). Economic security and reconstruction: wwii brought a new american commitment to international economic leadership, us officials blamed economic discrimination and trade barriers for the slide to war in 1939. Unhampered trade dovetailed with peace; high tariffs, trade barriers, and unfair economic competition, with war. July 1944 bretton woods conference: key participants included the us treasury official, harry dexter white, and british economist john maynard keynes. The international bank of reconstruction and development: the ibrd (world bank) was established to promote world trade and finance post-war. European reconstruction: learning the lessons of the vulnerabilities to shock of short-term, private capital investment after 1918, the ibrd was initially overshadowed by the massive programme of us government investment in europe the marshall plan.
